Detached prices dipped. Condos and townhomes held steady. But a few high-performing pockets — like North Van and West Van — are still moving.
Let’s break it down.
🏡 Detached Homes
Average Price: $3.19M
Sales Ratio: 8% (Buyers Market)
Days on Market: 29
Pricing by Area:
What Stands Out:
North Van prices dropped -9% YoY, but homes under $2.2M are still moving.
West Van posted the highest YoY detached price growth at +15%.
Detached sellers must lead with pricing — overpriced homes are sitting.
🏘️ Townhomes
Most areas remain in a Balanced Market — but some segments are softening.
Ladner is firmly in a seller’s market — 1 in 4 listings are selling.
Tsawwassen saw a 50% drop in sales despite rising prices.
Everywhere else is steady, but showing subtle signs of slowing.
🏢 Condos
Condos continue to hold steady. Demand is strongest in the sub-$500K segment, especially Downtown.
Downtown entry-level units are moving quickest.
Westside + Ladner are resilient, with stable absorption.
West Van pricing remains premium — but low volume = limited insight.
🔥 August 2025 Outlook from Chris Car
Detached listings are sitting unless priced lean
DOM is climbing. Buyers are picky. Anything under $2.2M is more active — but only if priced right.
Condos under $500K are still absorbing well
Especially among first-time buyers and investors.
Rates will likely hold
The Bank of Canada isn’t expected to rush more cuts. One more small trim may happen before year-end, but don’t bet your move on it.
This is a skill market, not a speed market
Strong prep, strategy, and pricing matter more than ever.
Expect a September reset
Fall brings fresh listings and motivated sellers who skipped summer. Now’s the time to plan.
📈 Want to Go Deeper?
All stats from: July 2025 SnapStats® (customized for Metro Vancouver)
📞 Let’s Talk Strategy
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